The announcement follows a major exploit of the Cetus Protocol on May 22. Attackers drained $223 million by exploiting a vulnerability in an AMM function.
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Sui Announces $10 Million Security Overhaul After the Cetus Hack
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The Cetus Protocol, a decentralized exchange and liquidity provider built on the Sui blockchain, suffered a $223 million exploit due to a smart contract vulnerability in May 2025
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